HSBC Private Bank (Suisse) SA operated two high-risk business relationships where it failed to carry out an adequate check of either the origins, purpose or background of the assets involved, ...

LONDON (Reuters) -Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come ...

HSBC has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said Wednesday. Lebanon-born Elhedery, 50, who becomes the bank’s third chief executive in less than ...

HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets where it has an edge.

Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come under pressure.